0001415889-22-003903.txt : 20220406
0001415889-22-003903.hdr.sgml : 20220406
20220406161532
ACCESSION NUMBER: 0001415889-22-003903
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220404
FILED AS OF DATE: 20220406
DATE AS OF CHANGE: 20220406
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ciardiello Steven
CENTRAL INDEX KEY: 0001689707
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35669
FILM NUMBER: 22810705
MAIL ADDRESS:
STREET 1: 269 HANCE ROAD
CITY: FAIR HAVEN
STATE: NJ
ZIP: 07704
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Shutterstock, Inc.
CENTRAL INDEX KEY: 0001549346
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
IRS NUMBER: 800812659
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 350 FIFTH AVENUE
STREET 2: 21ST FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10118
BUSINESS PHONE: 646-419-4452
MAIL ADDRESS:
STREET 1: 350 FIFTH AVENUE
STREET 2: 21ST FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10118
4
1
form4-04062022_040401.xml
X0306
4
2022-04-04
0001549346
Shutterstock, Inc.
SSTK
0001689707
Ciardiello Steven
350 FIFTH AVENUE
21ST FLOOR
NEW YORK
NY
10118
false
true
false
false
CHIEF ACCOUNTING OFFICER
Common Stock
2022-04-04
4
M
0
1906
0
A
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D
Common Stock
2022-04-04
4
F
0
974
93.41
D
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Common Stock
2022-04-04
4
M
0
1674
0
A
34139
D
Common Stock
2022-04-04
4
F
0
855
93.41
D
33284
D
Common Stock
2022-04-04
4
M
0
2061
0
A
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D
Common Stock
2022-04-04
4
F
0
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D
34292
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Common Stock
2022-04-04
4
M
0
423
0
A
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D
Common Stock
2022-04-04
4
F
0
216
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D
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D
Common Stock
2022-04-04
4
M
0
188
0
A
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D
Common Stock
2022-04-04
4
F
0
96
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D
34591
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Performance-based Restricted Stock Units
2022-04-04
4
M
0
1906
0
D
2022-04-01
Common Stock
1906
2544
D
Restricted Stock Units
2022-04-04
4
M
0
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0
D
2022-04-01
Common Stock
1674
0
D
Restricted Stock Units
2022-04-04
4
M
0
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0
D
2022-04-01
Common Stock
2061
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Restricted Stock Units
2022-04-04
4
M
0
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0
D
2022-04-01
Common Stock
423
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Restricted Stock Units
2022-04-04
4
M
0
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2022-04-01
Common Stock
188
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D
Each Performance-based RSU ("PSU") represents a contingent right to receive one share of the Issuer's common stock.
PSU award granted on April 1, 2021 that vests in three equal annual installments beginning April 1, 2022, contingent upon, and subject to adjustment based on, the achievement of certain adjusted EBITDA margin and revenue growth performance thresholds for each annual performance period. Subject to Compensation Committee confirmation of achievement of performance and subject to adjustment pursuant to the award agreement.
Each RSU represents a contingent right to receive one share of the Issuer's common stock.
RSU award granted on April 1, 2019 that vests in three equal annual installments beginning April 1, 2020, subject to the Reporting Person's continued employment on such vesting date.
RSU award granted on April 1, 2020 that vests in three equal annual installments beginning April 1, 2021, subject to the Reporting Person's continued employment on such vesting date.
RSU award granted on April 1, 2021 that vests in three equal annual installments beginning April 1, 2022, subject to the Reporting Person's continued employment on such vesting date.
/s/ John Lapham, Attorney-in-Fact
2022-04-06